CMES Back at Dalian for More

China Merchants Energy Shipping (CMES) has ordered construction of a 319,000 DWT Very Large Crude Carrier (VLCC) from Dalian Shipbuilding Industry (DSIC).

According to a filing with Shanghai Stock Exchange, the vessel is slated for delivery in September 2017.

The price of the order has not been disclosed.

CMES has already nine VLCCs on order at Dalian, the most recent one being ordered in December.

Six more are being built by Shanghai Waigaoqiao.

The company has rebounded from 2013 losses amid improved oil tanker market and expects to reap USD 32.3 million of profit in 2014 financial year.

The company has invested strenuous efforts so as to renew its fleet which included disposal of outdated fleet units.

Share this article

Follow World Maritime News

In Depth>


<< Nov 2019 >>
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >


Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >